Trade Indicator

Definition

Hirschman Herfindahl index is a measure of the dispersion of trade value across an exporter’s partners. A country with trade (export or import) that is concentrated in a very few markets will have an index value close to 1. Similarly, a country with a perfectly diversified trade portfolio will have an index close to zero.

Source

WITS - UNSD Comtrade

Classification

Harmonized System 1988/92, SITC Revision 2

Valuation

Export - FOB; Import - CIF

Currency Unit

Notes

1) Mirror Exports is considered for export data 2) All Countries except World and EUN are considered as partner group 3) Product 'Total' is used for this computation 4) The indicator is computed at reporter-partner level and aggregated to reporter level

Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Overall Trade Restrictiveness Index (OTRI)

The OTRI captures the trade policy distortions that each country imposes on its import bundle. It measures the uniform tariff equivalent of the country tariff and non-tariff barriers (NTB) that would generate the same level of import value for the country in a given year. Tariffs can be based on the Applied tariffs, which takes into account the bilateral trade preferences

Source

Overall Trade Restrictiveness Index

Notes

The ad valorem equivalent of NTB were estimated by Kee, Nicita and Olarreaga (EJ, 2009)

Last Updated

Jul-2014

Overall Trade Restrictiveness Index - MFN Tariff

...

Definition

The OTRI captures the trade policy distortions that each country imposes on its import bundle. It measures the uniform tariff equivalent of the country tariff and non-tariff barriers (NTB) that would generate the same level of import value for the country in a given year. Tariffs can be based on the MFN tariffs which applied to all trading partners

Source

Overall Trade Restrictiveness Index

Notes

The ad valorem equivalent of NTB were estimated by Kee, Nicita and Olarreaga (EJ, 2009)

World Development Indicators (WDI)

Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.

Source

WDI

Topic

Health: Population: Structure

Last Updated

Feb-11-2019

Population

4,755,335

Definition

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Doing Business

Economies are ranked on their ease of doing business, from 1–189. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm. The rankings are determined by sorting the aggregate distance to frontier scores on 10 topics, each consisting of several indicators, giving equal weight to each topic.

Source

Doing Business

Notes

1) All Doing Business 2018 rankings have been recalculated to reflect changes to the methodology and revisions of data due to new information. 2) The data may not reflect the full numeric precision of the data point, as the numbers are rounded.

Last Updated

Nov-01-2017

Ease of Doing Business Rank

17

Definition

The ranking of economies on the ease of trading across borders is determined by sorting their distance to frontier scores for trading across borders

Source

Doing Business

Notes

1) All Doing Business 2018 rankings have been recalculated to reflect changes to the methodology and revisions of data due to new information. 2) The data may not reflect the full numeric precision of the data point, as the numbers are rounded.

Logistics Performance Index (LPI)

LPI Score demonstrate comparative performance—the dimensions show on a scale (lowest score to highest score) from 1 to 5 relevant to the possible comparison groups—of all countries (world), region and income group

Source

Logistics Performance Index

Notes

The LPI uses standard statistical techniques to aggregate the data into a single indicator that can be used for cross-country comparisons.

Last Updated

Nov-2017

LPI Score

3.79

Definition

LPI 2016 ranks 160 countries on six dimensions of trade -- including customs performance, infrastructure quality, and timeliness of shipments -- that have increasingly been recognized as important to development

Source

Logistics Performance Index

Notes

The LPI uses standard statistical techniques to aggregate the data into a single indicator that can be used for cross-country comparisons.